New Trinity Program Offers Paid Internships at San Antonio Startups

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San Antonio — Two local tech-related organizations have announced a new program with Trinity University that will offer paid internships at San Antonio startups this summer.

Called Students + Startups, the 10-week program will pay 30 students a $4,000 stipend, cover the cost of on-campus housing, and pay for one academic credit hour. It is being partly funded by a grant from the 80/20 Foundation, a philanthropic organization founded by Rackspace (NYSE: RAX) co-founder and chairman Graham Weston that provides grants to groups focused on technology and entrepreneurship.

Geekdom, a co-working space that Weston also founded in downtown San Antonio, is vetting applications. More info on applying is available at the Students + Startups website.

Any startups who participate are going to have to fund half of the cost of the internship, about $3,300, according to the website. The program is open to all startups, from life science to tech, according to the university.

Trinity University has a history of entrepreneurial activity, including ties to Rackspace. The other co-founders of the cloud computing giant, besides Weston, were all students at the school. The university also offers entrepreneurship classes, startup competitions, and other internship programs.

“San Antonio’s startup scene is growing rapidly—presenting a need for quality summer interns and an amazing learning opportunity for students,” Lorenzo Gomez, executive director of the 80/20 Foundation and director of Geekdom, said in a prepared statement.

David Holley is Xconomy's national correspondent based in Austin, TX. You can reach him at dholley@xconomy.com Follow @xconholley